Memorial has been expanding its real estate holdings in the area as part of a broader investment in healthcare infrastructure. The system is also undertaking a major expansion of Memorial Regional Hospital, where a new tower is part of a roughly $670 million modernization project.
As more procedures move beyond traditional hospital campuses, outpatient medical facilities are drawing increased attention from developers and investors. Florida is emerging as an especially strong market.
AdventHealth has completed major expansion projects at two Central Florida hospitals, adding hundreds of thousands of square feet of healthcare space, more inpatient capacity and expanded specialty services.
Baptist Health South Florida has acquired a prominent Coconut Creek property in a multimillion-dollar deal, giving the health system control of a large retail site along one of northern Broward County’s major commercial corridors.
The property occupies an entire city block.